stephen moore, the president doesn't believe there's a problem. do you believe that the material in that op-ed is correct? do you think in your opinion that the government believes the president specifically doesn't believe we have a spending problem? >> the president does need to wake up and assess his surroundings. we are fixing to have the inauguration in a week or so. the debt will stand at a little other 16 trillion. by the time the next permit is inaugurated, the national debt will be $22 trillion. who cannot say there's a serious problem with being awash in red ink, and it threatens the fabric of our republic. >> i don't disagree. yesterday the nominee to replace timothy geithner is jack lew. keep in mind he's problem the professor and frankenstein that created the monster known as the current budget, even for bush when i look at mr. lew and the comments made by stephen moore regarding the president, this is a duo that i don't think will make the job of tackling spending any easier. am i missing something, congressman? >> no, if i read wood